Money market Rate, Percent per annum in Dominican Republic
Dominican Republic: Money market Rate, Percent per annum was 11.81 in 2024. ◆ Volatile
Money market Rate, Percent per annum in Dominican Republic, 1996–2024
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Dominican Republic is 11.81, measured in 2024.
Compared with earlier readings it is up 11.4% on the previous year and up 83.0% over ten years.
Over the whole period, money market rate, percent per annum in Dominican Republic peaked at 36.76 in 2004 and was at its lowest, 4.24, in 2021.
That places Dominican Republic 11th out of 94 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money market Rate, Percent per annum in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 14.7 | — |
| 1997 | 13.01 | -11.5% |
| 1998 | 16.68 | +28.2% |
| 1999 | 15.3 | -8.3% |
| 2000 | 18.28 | +19.5% |
| 2001 | 13.47 | -26.3% |
| 2002 | 14.5 | +7.6% |
| 2003 | 24.24 | +67.2% |
| 2004 | 36.76 | +51.7% |
| 2005 | 12.57 | -65.8% |
| 2006 | 10.6 | -15.7% |
| 2007 | 8.24 | -22.2% |
| 2008 | 12.24 | +48.5% |
| 2009 | 8.08 | -34.0% |
| 2010 | 6.25 | -22.6% |
| 2011 | 8.29 | +32.5% |
| 2012 | 8.07 | -2.6% |
| 2013 | 6.07 | -24.8% |
| 2014 | 6.45 | +6.3% |
| 2015 | 5.9 | -8.6% |
| 2016 | 6.05 | +2.6% |
| 2017 | 6.3 | +4.1% |
| 2018 | 5.7 | -9.6% |
| 2019 | 6.12 | +7.4% |
| 2020 | 5.37 | -12.2% |
| 2021 | 4.24 | -21.1% |
| 2022 | 7.99 | +88.4% |
| 2023 | 10.6 | +32.7% |
| 2024 | 11.81 | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.92 | 13.01 | 16.68 | 4 |
| 2000s | 15.9 | 8.08 | 36.76 | 10 |
| 2010s | 6.52 | 5.7 | 8.29 | 10 |
| 2020s | 8 | 4.24 | 11.81 | 5 |
Countries ranked near Dominican Republic
- 8 Uzbekistan 14.38 compare
- 9 Brazil 14.32 compare
- 10 Kazakhstan 12.75 compare
- 12 Mozambique 11.05 compare
- 13 Bangladesh 9.98 compare
- 14 Colombia 9.33 compare
More financial sector data for Dominican Republic
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.68 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.61 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.68 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is money market rate, percent per annum in Dominican Republic?
- Money market rate, percent per annum in Dominican Republic was 11.81 in 2024, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Dominican Republic?
- The highest recorded value was 36.76 in 2004.
- What is the lowest money market rate, percent per annum recorded in Dominican Republic?
- The lowest recorded value was 4.24 in 2021.
- How does Dominican Republic rank for money market rate, percent per annum?
- Dominican Republic ranks 11th out of 94 countries with data for 2024.
- Is money market rate, percent per annum rising or falling in Dominican Republic?
- Over the last ten years it is up 83.0%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.